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A Reddit user with the username Cryptogreetings put up a puzzle on the platform offering one BTC to anyone who can solve it. Redditors have thronged the thread trying to crack the code and win the prize. The post is currently one of the trending topics on the Bitcoin subreddit. Details of the Puzzle The puzzle is an image with words, numbers, the Bitcoin logo, and other symbols. Within the image are possible clues. Most
Reports have emerged that the Mt. Gox bankruptcy trustee, Nobuaki Kobayashi is gearing up for another round of bitcoin selling. According to Blockchain.info, 8,200 BTC was moved from the fund’s cold wallet. In response, the price of bitcoin has dropped below $9,000 over fears the coins may be sold on the online exchange market and not on OTC platforms. Bitcoin Falls Below $9,000 in the Wake of Latest Mt. Gox Selloff Bitcoin has been on
Buying bitcoin is about get a whole lot easier for a whole lot of people – particularly in China. [Update: The original version of this article incorrectly stated that the wallet app is pre-installed on Huawei phones. Instead, the wallet app will be available for download via Huawei’s app gallery that is pre-installed on Huawei phones.] Did Somebody Say ‘Mass Adoption?’ Bitcoin is set to continue down the path towards mainstream adoption thanks, in no small part,
Electrum, the popular Bitcoin wallet, has released proof that a copycat wallet is stealing users’ bitcoins. According to Electrum, the malicious knockoff, Electrum Pro, is designed with malware to hijack private seed keys. The platform is urging users to be wary of the fake bitcoin storage service. Electrum vs. Electrum Pro Bitcoin Wallet The development team at Electrum has since been trying to alert users to the possibility that Electrum Pro is a fake. According
NAGA WALLET features the fastest way to send coins and tokens from point A to point B, using an email address instead of a complicated crypto address, and 50 percent lower transaction fees. Ahead of Schedule The NAGA Group A.G., well ahead of its roadmap’s scheduled release, launched its revolutionary cryptocurrency wallet today, which features instant transactions and incredibly low fees — the NAGA WALLET. The NAGA WALLET is a cutting-edge cryptocurrency wallet that allows
Price protection application Earny analyzed 100 million purchases between November 2017 and February 2018 concluding the most popular purchase in Nevada was the Ledger Nano cryptocurrency hardware wallet. Cryptocurrency hardware and blockchain security leader Ledger was pleased with the results. According to a study published in @businessinsider, the most popular purchase in Nevada is our Ledger Nano S hardware wallet! https://t.co/3lzCaT2W2i — Ledger (@LedgerHQ) March 30, 2018 Earny is a price protection application that uses
In his latest Q&A on March 24th, 2018, Bitcoin evangelist, educator, and influencer Andreas Antonopoulos explains what the cryptocurrency industry needs next and his expectations for Bitcoin development. 4 Basic Things Bitcoin Must Have Antonopoulos begins the Q&A by noting, partly in jest, that the industry does not need “some kind of artificially intelligent, neural network based, 3D printing, drone-based Mars expedition.” Instead, he states: The truth is that the most important projects at this
Bitcoinist has reviewed the latest TREZOR Model T Bitcoin and cryptocurrency hardware wallet. Should you get it? Is there a reason to upgrade from the original? Here’s what we uncovered. Meet the TREZOR Model T Satoshi Labs, a Prague-based manufacturer of the oldest and most popular hardware wallet, has finally released its much-anticipated second generation TREZOR, the Model T. Announced in November of last year, the Model T costs around 120 euros, compared to the
The Dutch bank, which was fined $369 million for money laundering after calling Bitcoin “risky,” now plans to offer a cryptocurrency wallet. Rabobank: Store You Crypto With ‘Trusted’ Bank Hosts In what would represent a curious U-turn in its perspective on Bitcoin, Rabobank has launched a dedicated website for a project called “Rabobit.” Part of its internal kickstarter program dubbed “Moonshot,” the “integrated cryptocurrency wallet” offers customers the chance to “store your cryptocurrencies in a
With large and small-scale cyber attacks costing exchanges and individuals their hard-earned digital currencies, one company is releasing a smartphone aimed at securing your investments from even the most skilled would-be cryptocurrency thieves. One Phone to Secure Them All Sikur, a cybersecurity firm based in Germany, has released a smartphone designed to protect your cryptocurrency from even the most skillful hackers. Unveiled today at the Mobile World Congress in Barcelona, the SIKURPhone features — in
More people have access to Internet-connected devices than have access to a bank account. This leaves a massive untapped market of potential cryptocurrency users. Cryptocurrency ATMs What does a cryptocurrency ATM look like to you? It may look like something that is unnecessary and cumbersome to use compared to online exchanges, but for someone who isn’t well versed in technology, it can be an invaluable resource and asset. News about cryptocurrencies and blockchain technologies have
The value of a piece of art is often hotly debated and can sometimes appear fairly arbitrary. But TORCHED H34R7S, a painting by Marguerite deCourcelle, was far easier to put a price on. The Bitcoin puzzle artwork was worth nearly 5 bitcoins to the first person who could crack the code it held. Cryptic Crypto The painting was inspired by William Shakespeare’s poem, The Phoenix and the Turtle, and contains two coded pieces of information. Decoding
Ledger hardware wallets, once considered one of the safer methods to store cryptocurrency, have been reported to be vulnerable to “man in the middle” attacks. The Flaw A team of unknown security researchers exposed a vulnerability that allegedly involves all Ledger hardware wallets. The discovery of the issue is said to have affected over one million users and has made it evident that the devices are not a foolproof method of storing crypto. The newfound threat
Those looking to buy the dip and take advantage of what is essentially a 60%-off Bitcoin sale can now conveniently purchase the dominant cryptocurrency with credit cards via Bread. The Best Thing Since Sliced Bread Bread, a clean and user-friendly Bitcoin wallet available on both iOS and Android, announced this week: Starting this week, Bread customers around the world will have the ability to use a credit card to purchase bitcoin and have it deposited directly
As more people pile into cryptocurrencies, the need for secure storage of them will escalate. At the moment, there are only a handful of companies providing hardware wallets for Bitcoin and altcoins. Currently, those looking for such wallets are increasingly finding shelves are empty of stock amid increasing demand. Blockchain security company Ledger announced yesterday that it has secured $75 million in investments to facilitate upscaling its operations to cope with higher demand. In a
Marko Kobal, co-founder of NiceHash, the Slovenian startup that serves as a marketplace for matching spare computing power to miners, stepped down from his role as CEO last week. This comes just weeks after NiceHash lost over $60 million to a high profile cyber attack. Christmas came early for many Bitcoin enthusiasts this year, reaping huge gains from Bitcoin’s meteoric price surge in the first half of December. For NiceHash, however, the month of December
Like a lot of crypto enthusiasts, you got a shiny new hardware wallet for Christmas to store your digital assets, but you aren’t sure how to go about setting it up. Not to worry! This 7-step guide will help you set up your Ledger Nano S safely and securely. 7 Steps to Setting up Your Ledger Nano S Santa came down the chimney and left you a brand-new Ledger Nano S under the tree! Hurray!
As Bitcoin and other cryptocurrencies gain popularity as a mode of payment transfer, it has become common for the average Bitcoin user to be scammed by an anonymous identity who requests payment for some work is then never heard from again. The decentralized nature of cryptos certainly has a tradeoff – unlike a credit card or bank transaction that can be reverted, a cryptocurrency transfer once confirmed is permanently recorded on the Blockchain. This is
Your Bitcoin transactions don’t have to be expensive and slow. With a little bit of know-how and pre-planning, you can keep transaction times and fees at a manageable level. High transaction fees and long processing delays are top of the list when it comes to issues (and, in turn, discussion) surrounding Bitcoin right now and for good reason. The network is choking on the huge influx of volume seen over the last six months or so and
Desperate Bitcoin investors who cannot remember their wallets’ passwords are turning to hypnotism to retrieve the forgotten information. Others are banking on technology and building supercomputers, but even that is not enough. Early Bitcoin investors who bought the cryptocurrency while it was still in its infancy stand to profit the most from its recent explosive gains. However, some investors have long since forgotten their wallet passwords, and some are on the verge of going crazy
The EU may set up a Bitcoin database to keep track of crypto users’ identities and wallet addresses in its bid to combat terrorist financing and money laundering. Bitcoin has had its fair share of controversy, previously being seen as the preferred medium of exchange for criminals on the black market. In addition, its high level of anonymity has raised concerns that it could be used to finance terrorism, as well as to aid in
The European Union has agreed to a cryptocurrency clampdown to combat money laundering, tax evasion, and financing of terrorism. For a number of years, countries have grappled with ways to regulate cryptocurrency. The meteoric rise of Bitcoin over the course of 2017 has pushed such regulatory concerns to the forefront. Now the European Union (EU) has agreed to a cryptocurrency clampdown that will impact exchanges and wallets in order to combat terrorism, tax evasion, and
WikiLeaks has long relied upon donations in order to keep exposing government and corporate secrets and corruption. Now another avenue of support is open as Julian Assange announces that WikiLeaks now supports Bitcoin SegWit addresses. WikiLeaks has tirelessly worked to analyze and publish restricted and censored data that exposes corruption and other organizational secrets. In its 10 years of existence, it has amassed a database of over 10 million documents that shed light on things
